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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

Malaysia’s first state-established sovereign wealth fund identifies projects

Posted on 26 May 2009

From Biz.thestar.com: The country’s first state-established sovereign wealth fund, Terengganu Investment Authority (TIA), with an initial fund of RM11bil, has identified several high-impact investment projects in the tourism, energy and agriculture sectors in the state and around the country.

TIA chief executive officer and former executive partner at Accenture, Shahrol Halmi, said the fund had identified several strategic partners and would team up with well-known sovereign wealth funds for these projects, which include regional and international projects that have “positive spillover benefits” to the state…….Full Article: Source


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